T

Trane Technologies

Global HVAC and refrigeration efficiency solutions

Overview

Trane Technologies focuses on climate innovation by delivering sustainable HVAC and refrigeration solutions through its Trane and Thermo King brands. It helps buildings, homes, and transportation achieve higher energy efficiency with high-performance climate control equipment and ongoing maintenance services. The company differentiates itself by offering an integrated portfolio of energy-efficient products and service contracts across both HVAC and refrigeration, backed by a commitment to sustainability. Its goal is to lower energy use and carbon emissions for customers while supporting a healthier planet.

Significant Headcount Growth

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About Trane Technologies

Simplify's Rating
Why Trane Technologies is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

HardwareIndustrial & ManufacturingEnergy

Company Size

10,001+

Company Stage

IPO

Headquarters

Dublin, Ireland

Founded

1871

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What believers are saying

  • Oct. 1, 2026 cold-climate heat pumps passed DOE challenge and 18,000 field hours.
  • Sept. 2026 bookings rose 39% year over year; revenue hit $6.35 billion.
  • Yotta 2026 CDU 2.X targets AI datacenters, a fast-growing thermals market.

What critics are saying

  • Sept. 2026 AI launches face Siemens, Johnson Controls, and Schneider Electric retaliation by 2027.
  • LiquidStack CDU 2.X pre-orders ship in Q2 2027, exposing execution risk.
  • Residential electrification depends on cold-climate adoption; DOE incentives weaken, sales slow sharply.

What makes Trane Technologies unique

  • Oct. 2026 launches span residential heat pumps, AI building software, and liquid cooling.
  • Trane, Thermo King, and LiquidStack cover HVAC, refrigeration, and AI infrastructure cooling.
  • BrainBox AI integration gives Trane cloud analytics and automated controls competitors still lack.

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Funding

Total Funding

$2.7B

Above

Industry Average

Funded Over

3 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • 401(k) Company Match
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Unlimited Paid Time Off
  • Family Planning Benefits
  • Fertility Treatment Support
  • Professional Development Budget
  • Conference Attendance Budget
  • Hybrid Work Options

Stock Price

Growth & Insights and Company News

6 month growth

15%

1 year growth

16%

2 year growth

16%
BusinessChief Asia
Nov 3rd, 2026
In response to the evolving skills needs of Indonesia's climate and energy sectors, the 2026 program is expanding its scope to include additional participants and disciplines. The program will cont...

Trane expands Future Climate Engineers Scholarship Program in Indonesia to broaden student access. BANDUNG, Indonesia, Nov. 4, 2026 /PRNewswire/ - Trane - by Trane Technologies (NYSE: TT), a global climate innovator, has announced the expansion of the Trane Future Climate Engineers Scholarship Program in Indonesia, part of its commitment to help develop the next generation of climate leaders. Building on a successful inaugural year, Trane is building upon its collaboration with Politeknik Negeri Bandung (POLBAN) and local non-governmental organization Yayasan Generasi Cerdas Iklim (GCI) to equip more emerging professionals with the financial support, technical training and leadership development needed to drive impact in a rapidly evolving industry. "The HVAC industry needs talent with more than technical knowledge. As the industry evolves, there is growing demand for future-ready professionals who can apply digital tools, improve energy efficiency and help advance sustainability goals," said Steven Lim, Country Leader of Trane Indonesia. "Through this scholarship program, we are helping bridge the gap between academic learning and industry experience, equipping young people with the skills, exposure and confidence to succeed and make a meaningful impact." In response to the evolving skills needs of Indonesia's climate and energy sectors, the 2026 program is expanding its scope to include additional participants and disciplines. The program will continue its focus on Refrigeration and Air Conditioning Engineering while also welcoming high-potential students from POLBAN's Mechanical Engineering, Energy Engineering, Electrical Engineering and Business Administration disciplines. The program's learning experience has also been enhanced. Co-developed by Trane and GCI, the curriculum now brings together experts in climate resilience, low-carbon development and artificial intelligence to provide students with broader exposure to the issues shaping the future of the industry. Through an intensive leadership and innovation experience, mixed-discipline student teams will develop and implement community mini-projects designed to apply their learning in practical ways. To further extend the program's impact, selected online training sessions that were previously available only to scholarship recipients will now be offered free of charge to the public. This open-access approach will enable more young people across Indonesia to explore climate, sustainability and green career pathways. "The scholarship program gives students the opportunity to learn and grow beyond the classroom, while exposing them to diverse professional and industry perspectives," said Iwan Ridwan, S.T., M.T., Ph.D., Vice Director for Academic Affairs of POLBAN. "We look forward to continuing this collaboration to strengthen the connection between vocational education and industry needs, helping students better understand how their knowledge can be applied in the workplace and in broader society." "Over the first year, the program demonstrated strong interest among young people in climate, energy and sustainability," said Ikrom Mustofa, S.Si., M.Sc., Founder and Advisor of GCI. "By opening selected sessions to the public, we are expanding access for students from diverse academic backgrounds while continuing to provide scholarship recipients with structured and in-depth development support." The Future Climate Engineers Scholarship supports the company's 2030 Sustainability Commitments, and its efforts to expand access to STEM education and inspire the next generation of learners with the potential to transform our way of life and our world. About Trane Trane - by Trane Technologies (NYSE: TT), a global climate innovator - creates comfortable, energy efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com or www.tranetechnologies.com. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane(R) and Thermo King(R), and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com. SOURCE Trane - by Trane Technologies

Yahoo Finance
Oct 30th, 2026
Boeing, Trane and Vertex: 3 large-cap stocks with solid fundamentals worth up to $136.9B

StockStory has picked three large-cap stocks it says have solid fundamentals: Boeing, Trane Technologies, and Vertex Pharmaceuticals. Boeing (market cap $136.8 billion) is part of a duopoly in commercial aircraft. Unit sales grew 51.8% on average over two years, and earnings per share rose 60.5% annually. Its shares trade at $170.95, or 209.5x forward P/E. Trane Technologies ($94.85 billion) grew revenue 11.1% annually over five years, with earnings per share up 20.5% a year. Its shares trade at $434.31, or 26.1x forward P/E. Vertex Pharmaceuticals ($136.9 billion) posted 13.5% annual sales growth over five years and a return on invested capital of 29.5%. Its shares trade at $552.80, or 27.5x forward P/E.

Morningstar
Oct 30th, 2026
Trane Technologies launches Season 6 of the Healthy Spaces Podcast, spotlighting sustainable Innovation in action.

Trane Technologies launches Season 6 of the Healthy Spaces Podcast, spotlighting sustainable Innovation in action. Provided by Business Wire Oct 30, 2026, 4:30:00 AM Highly-rated technology podcast explores how real-world innovations are being implemented to build a more sustainable, resilient world Trane Technologies (NYSE: TT), a global climate innovator, brings together engineers, innovators and industry leaders for bold conversations at the forefront of sustainable technology in Season 6 of the Healthy Spaces Podcast. Co-hosted by Trane Technologies leaders Scott Tew, Vice President and Global Head of Sustainability Strategy, and Dominique Silva, Marketing Leader for Europe, Middle East and Africa, this season explores the pivotal moment when breakthrough ideas move beyond research and begin delivering real-world impact across industries. "Real progress happens when bold ideas move into action," said Tew. "This season of Healthy Spaces explores the technologies making that shift possible, from purpose-built AI and next-generation data center cooling to energy systems, climate resilience and decarbonization. Together with industry experts, we discuss what is working, what barriers remain and how today's solutions can scale more broadly to address the challenges of tomorrow. We hope these insightful conversations inspire further collaboration among leaders, builders and changemakers to accelerate progress across industries." Season 6 opens with Episode 1, Built Differently: The New Rules of Data Center Design. Co-hosts Tew and Silva speak with Michael Winterson, Secretary General of the European Data Centre Association, about the implications of Europe's growing data center capacity, and with Oakley Roberts, President of Data Centers at Trane Technologies, about the cooling strategies and design shifts reshaping more sustainable data center development. In Episode 2, AI Lab: The Feedback Loop Behind Trustworthy AI, Tew and Silva speak with Foutse Khomh, Vice President of Research and Innovation at Polytechnique Montréal, about how stronger collaboration between researchers and industry helps build trustworthy AI, and with Riaz Raihan, Chief Digital Officer at Trane Technologies, about the work underway at the BrainBox AI Trane Technologies AI Lab in Montréal to advance practical AI applications in buildings. Together, they explore how security by design, compliance, collaboration and continuous learning can help create responsible AI that delivers measurable value in real-world building environments. In Episode 3, Decarbonizing the Cold Chain: Waste Less, Recover More, Tew and Silva speak with Dr. Liz Goodwin, Director of Food Loss and Waste at the World Resources Institute, about the scale of food loss and waste and why expanding refrigeration alone is not enough to solve the challenge, and with Claudio Zanframundo, President of Thermo King EMEA & APAC, about how digital tracking, AI and connected solutions are helping improve cold chain performance in real time. Together, they explore how infrastructure, service and skilled people can help create a cold chain that is more efficient, resilient and sustainable. In Episode 4, Speed to Scale: Building Data Centers That Evolve, Tew and Silva speak with Mike Welch, Chief Technology Officer at Aligned Data Centers, and Mauro Atalla, Chief Technology and Sustainability Officer at Trane Technologies, about how flexibility, strong partnerships and systems thinking are critical to building data centers that can meet advanced compute demands while advancing sustainability and reliability. Additional episodes will be released through January 2027 and will explore topics including energy issues and rising demand, how AI is reshaping skilled work, why climate resilience requires systems thinking, and how efficiency supports industrial transformation. Additional featured guests this season will include leaders from academia, industry and sustainability-focused organizations. Healthy Spaces Season 6 is available on Apple Podcasts, Spotify, YouTube and Amazon Music. Since its launch in 2021, Healthy Spaces has generated more than 400,000 downloads and twice reached No. 1 on the Apple Podcasts chart for Technology. In 2025, the show won Gold for best informational series from the MarComm Awards. About Trane Technologies Trane Technologies is a global climate innovator. Through our strategic brands Trane(R) and Thermo King(R), and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit tranetechnologies.com. Forward Looking Statements This news release includes "forward-looking statements" within the meaning of securities laws, which are statements that are not historical facts, including statements regarding the anticipated release schedule, topics, guests, and other content related to Season 6 of the Healthy Spaces Podcast. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2025, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements. The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar. Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees. Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

ACHR News
Oct 30th, 2026
Trane, American Standard launch HVAC Performance Monitoring Kit.

Trane, American Standard launch HVAC Performance Monitoring Kit. Connected solution provides remote diagnostics and system monitoring for noncommunicating HVAC equipment. October 30, 2026 Trane and American Standard Heating and Air Conditioning have introduced an HVAC Performance Monitoring Kit designed to provide remote monitoring and diagnostics for existing HVAC systems. The kit is compatible with virtually any 24V noncommunicating HVAC system, regardless of manufacturer or age, including standard single-stage, two-stage, and multispeed equipment. Using eight sensors and system algorithms, the platform monitors equipment performance and can alert homeowners and HVAC dealers to changes that may indicate developing problems. Monitored data include temperatures, pressures, airflow, electrical performance, and overall system health. Dealers can remotely review system information before a service call and use a centralized dashboard to identify systems reporting critical issues. The platform also provides data that can be used during maintenance, repair, and equipment replacement discussions. Homeowners receive system updates through the HVAC Performance mobile app every 10 minutes. The system uses cellular connectivity rather than relying on a home's Wi-Fi network or a smart thermostat. The app also provides system health indicators, condition-based filter alerts, and a connection to the homeowner's HVAC dealer. "Most homeowners have little visibility into how their HVAC system is performing until an emergency repair is needed," said Noah Gates, product manager, thermostats and home app, Trane Technologies. "The HVAC Performance Monitoring Kit changes that dynamic by creating a continuous connection between homeowners, their equipment, and a trusted HVAC professional." Looking for a reprint of this article? From high-res PDFs to custom plaques, order your copy today! SPONSORED BY Hi there. I'm Ask ACHR NEWS. You can ask me anything about HVACR trends, news, and insights. Go ahead, type something below, and let's get started! JOIN TODAY To unlock your recommendations. Already have an account? Sign In

Yahoo Finance
Oct 29th, 2026
Trane Technologies beats forecasts with $1.05B Q3 profit on $6.76B revenue

Trane Technologies reported third-quarter profit of $1.05 billion, or $4.74 per share. Adjusted for one-time gains and costs, earnings were $4.86 per share. The Dublin-based manufacturer's revenue was $6.76 billion. Analysts surveyed by Zacks Investment Research had expected earnings of $4.74 per share and revenue of $6.44 billion. Trane expects full-year earnings of $15.20 to $15.30 per share.

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